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Chemical Recycling of Waste Plastics: Bright Prospects Yet Less Than 1% Market Share – Industry Breakthrough Calls for Policy and Standards(2)

Looking at the development of the global chemical recycling industry for waste plastics, countries and regions such as the European Union, the United States, Japan, and South Korea are relatively advanced. Many projects have been launched there, and some have been operating stably for many years. In recent years, some countries and regions have issued relevant policies and standards to promote the sustainable development of their local chemical recycling industry for waste plastics.

  • 2212-2025

    The EU has initially agreed that the target for the content of recycled materials in new cars is 15%.

    The EU has finally finalized a provisional agreement on end-of-life vehicle regulations, initially agreeing that the target for the content of recycled materials in new cars is 15%.

  • 1712-2025

    China-EU Symposium on Green Design Policies for Plastic Products Held in Beijing

    China-EU Symposium on Green Design Policies for Plastic Products Held in Beijing

  • 1512-2025

    The comprehensive operating index of domestic recycled plastic enterprises in November 2025 was 49%, which decreased compared with that in October.

    The comprehensive operating index of domestic recycled plastic enterprises in November 2025 was 49%, which decreased compared with that in October.

  • 0212-2025

    2024 Data Reveals a Deepening Crisis of the European plastics recycling industry

    Europe's Plastic Recycling Industry Plunges into Historic Recession: Annual Capacity Drops by 1 Million Tonnes in Three Years, Facility Closures Surge by 50% Soaring costs and the impact of low-cost imports have severely hit major categories such as PET, endangering the EU's circular economy goals. The industry has urgently called for policy intervention, demanding fair market rules and support for energy costs.

  • 2211-2025

    Nature Sustainability | Plastic Management: A Crucial Climate Decision

    Recently, the top international academic journal *Nature Sustainability* published a "correspondence article" titled "Plastic Disposal: A Critical Climate Decision". The article clearly points out that with the breakdown of global plastic treaty negotiations, countries around the world are facing a neglected climate crisis: the final disposal methods of plastics (landfilling, incineration, or recycling) constitute a significant climate decision, yet their carbon emissions have never been formally included in national climate commitments. The article warns that this policy blind spot is putting global climate goals at serious risk.

  • 1811-2025

    MIIT: "Waste plastic recycling" included in the construction of pilot test platforms

    The Ministry of Industry and Information Technology issued the "Notice on Further Accelerating the Systematic Layout and High-Level Construction of Manufacturing Pilot Test Platforms", and simultaneously released the "Guidelines for the Construction of Manufacturing Pilot Test Platforms (2025 Edition)" and the "Key Points for the Construction of Key Directions of Manufacturing Pilot Test Platforms (2025 Edition)". The policy proposes that by the end of 2027, the strength of high-level pilot test platforms will be further enhanced, a modern pilot test platform system will be basically established, and a national manufacturing pilot test service network with multi-subject participation, multi-field layout, and multi-level services will be formed.

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